Firm says it abused market position

China's industry and commerce authority announced on Friday it has halted an anti-monopoly probe into the official FIFA 2014 World Cup ticketing agency in China after the company admitted to abusing its market dominance.

The Shankai Sports International was found to have coupled the sale of World Cup tickets with the sale of hotel, transportation and tourism services in Brazil in an expensive package, according to the State Administration for Industry and Commerce.

The company later admitted that its actions violated China's anti-monopoly law and said it has taken remedial measures, which halted the probe, the authority said.